U.S. crude held above $57.15, close to a 2015 high as fights in Yemen intensified and U.S.-led air strikes targeted Islamic State militants in Syria.» Read More
The massive 2010 spill in the U.S. Gulf Coast was a result of "gross negligence and reckless" conduct by BP and other oil producers, a court ruled.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Draghi's rate cutting and stimulus sent the dollar higher, and commodities felt the pressure. Oil was down on the day, and AAA says gas prices could fall below $3/gallon. Gold closed lower as well.
Erna Solberg, Norway's prime minister, says NATO will present a united front against Russia and discusses Norway¿s defense spending.
Oil prices weakened on Thursday, reversing some of the sharp overnight gains, as U.S. industry data showed fuel stocks rose last week.
Poroshenko says he will order a ceasefire on Friday for Ukraine's armed forces, paving the way for a "stage-by-stage peace plan."
Nino Tronchetti Provera, managing partner and founder of Ambienta, discusses Europe's energy policies and environmental investing.
Discussing how geopolitics is impacting the price of crude oil and gold, with David Rosenberg, Gluskin Sheff, and Dennis Gartman of the Gartman Letter.
Flagship Chinese oil producers are preparing to ramp up multi-billion dollar capital spending plans squeezed amid a Beijing probe into industry graft.
Speaking to CNBC at the Asia Pacific Economic Cooperation forum, Dan Poneman, U.S. Deputy Secretary of Energy, discusses the progress America has made in energy security.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Metals and energy rebounded today. Gold closed over $1270. Oil was up a bit on the day, after taking it on the chin yesterday.
Crude climbed by more than $1 a barrel on Wednesday, as traders reacted to strong U.S. data and expectations of stronger demand.
Feike Sijbesma, CEO of DSM, says the group is shifting its focus from fossil fuel to biofuel, and says the new venture is "very important" for the group's financials going forward.
Mark Lewis, analyst at Kepler Cheuvreux, says there are concerns over demand in the oil industry which could see prices fall in the short term.
The European Union could ban gas exports and limit industrial use as part of emergency measures to protect household energy supplies this winter.
Washington is facing international pressure to ease its ban on crude oil exports, with South Korea and Mexico joining the European Union.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The dollar soared and commodities took a big hit today.
Crude oil was crushed on Tuesday, as concerns of slowing oil demand in China and Europe failed to offset supply worries from Libya.
India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.
Hormel has created a custom motorcycle that runs on 100 percent refined bacon grease.
Although atomic power is languishing, the industry is going on the offensive to change the conversation.